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Sumitomo Mitsui Finance & Leasing to raise ¥20B via bond issuance

Japan-based Sumitomo Mitsui Finance & Leasing Co. Ltd. will raise ¥20 billion by issuing five-year unsecured bonds.

The coupon rate is 0.17% and the payment date is May 29, the company said in a May 22 statement.

As of May 21, US$1 was equivalent to ¥111.14.